JLSG(SH:600189)2025-10-31 00:45Financial Performance - The company's operating revenue for the third quarter reached CNY 337,992,609.38, an increase of 13.20% compared to the same period last year[3] - Total profit for the third quarter was CNY 22,628,575.00, reflecting a significant increase of 40.72% year-on-year[3] - Net profit attributable to shareholders for the third quarter was CNY 1,205,064.48, up 62.62% compared to the same period last year[3] - Basic earnings per share for the third quarter was CNY 0.0017, representing a 70.00% increase year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,022,017,067.46, an increase of 13.7% compared to ¥899,047,565.69 in the same period of 2024[31] - Net profit for the first three quarters of 2025 was ¥52,793,856.05, compared to ¥46,248,751.60 in the previous year, representing an increase of 14.0%[33] - The company reported a total profit of ¥95,477,246.28 for the first three quarters of 2025, compared to ¥72,365,041.37 in the same period of 2024, marking a growth of 32.0%[32] - Earnings per share (EPS) for the first three quarters of 2025 was ¥0.0345, up from ¥0.0299 in the same period of 2024, indicating a growth of 15.4%[33] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY 300,248,566.48, an increase of 66.16% compared to the previous year[3] - Operating cash flow for the first nine months of 2025 was CNY 300,248,566.48, an increase of 66.5% compared to CNY 180,700,533.49 in the same period of 2024[37] - Total cash inflow from investment activities was CNY 1,731,774,395.57, significantly higher than CNY 753,340,046.10 in the previous year[38] - Net cash flow from investment activities was -CNY 620,077,812.62, worsening from -CNY 241,608,901.34 year-over-year[38] - Cash and cash equivalents at the end of September 2025 stood at CNY 471,564,046.02, down from CNY 350,827,427.97 at the end of September 2024[38] - The company raised 1,099,000,000.00 RMB through financing activities in the first three quarters of 2025, compared to 340,200,000.00 RMB in the same period of 2024, reflecting an increase of approximately 223.5%[48] - The net cash flow from financing activities for the first three quarters of 2025 was -34,793,808.21 RMB, an improvement from -70,861,194.63 RMB in the same period of 2024[48] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,035[11] - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 30.24% of the shares, totaling 216,254,080 shares[11] - The direct controlling shareholder, China Jilin Forest Industry Group, holds 30.24% of the company's shares, while its concerted action partner, Qianyang Forestry Company, holds 0.69%, totaling 30.93%[12] - As of the end of the reporting period, 52,000,000 shares held by the controlling shareholder are pledged, accounting for 24.05% of their total shares and 7.27% of the company's total share capital[13] - Shareholder Zhao Zhihua released a pledge on 4,500,000 shares, which is 10.65% of his total shares and 0.63% of the company's total share capital; remaining pledged shares amount to 27,220,000, or 64.43% of his total shares and 3.81% of the company's total share capital[14] - Jilin Province Jisheng Asset Management Company has pledged 2,406,333 shares, which is 0.34% of the company's total share capital, and has 1,207,434 shares frozen, accounting for 0.17%[14] Governance and Management - The company has revised its articles of association and internal control systems, eliminating the supervisory board and transferring its powers to the audit committee of the board of directors[15] - The company appointed a new board of directors and management team, with Cheng Yu elected as chairman and Wang Huaibo as general manager[17][18] - The company has updated its governance structure to enhance operational efficiency and compliance with regulatory requirements[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,376,412,991.81, a slight increase of 0.44% from the end of the previous year[4] - The company's total assets amounted to CNY 2,789,501,643.44, slightly down from CNY 2,807,245,955.37 at the end of 2024[41] - Total liabilities amounted to ¥2,909,419,737.13, slightly down from ¥2,938,169,561.19[28] - The company's total liabilities decreased from 2,773.43 million RMB to 2,311.40 million RMB as of September 30, 2025[27] - The company's long-term equity investments increased slightly from 45.02 million RMB to 46.22 million RMB[27] Legal Matters - The company and its subsidiaries have faced a total of 57 lawsuits and arbitrations in the past 12 months, with a total amount involved of approximately 123.09 million RMB, accounting for 10.16% of the latest audited net assets[25]